Hughes, in International Encyclopedia of the Social & Behavioral Sciences, 2001 7.3 Industrial Revolutions, Systems, and Management. In 1902, Japan signed an alliance with Great Britain, which signified a dramatic increase in international status, and in 1904-5, Japan won a war against Russia, one of the major Western powers. The institutional theory also can't explain the dismal failure of today's Russia at economic reform under democracy and shock therapy, Japan's rapid industrialization during the Meiji Restoration, South Korea's economic takeoff in the 1960s-1980s under dictatorship or … With Japan’s rapid industrialization in the post-war years, waste started to become a major problem. The Meiji period in Japan lasted from 1868 to 1912. After WWII, Japan’s economy continued growing partly due to measures laid down by the government and also due to financial aid from the US. The world has gone through a rapid industrial revolution in the last two decades thanks to the “targeting” of manufacturing by many East Asian nations. It is a member of the OECD and the G-20.It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. Japan fought a war against China in 1894-95 over the control of Korea and gained Taiwan, Japan's first colony. Industrialization also stimulated research and teaching among historians of technology. Tokyo in particular was throwing out so much that it was running out of landfill space. Japan itself recorded double‑digit real rates of growth from 1960 up until the first oil shock of 1973. The period was around 1945 to 1991. Imperialism was an historical phenomenon that occurred between the 19th and 20th centuries (1870-1914) that had as main protagonists European countries, from major to minor importance: Britain, France, Belgium, the Netherlands, Germany, Russia, Portugal, Spain and Italy.Imperialist politics focused on the conquest and domination of large territories, especially in Africa, Asia and Oceania. It was during this period that Japan rapidly industrialized, resulting in its eventual status as a high-income, core country. The 'Sites of Japan's Meiji Industrial Revolution: Iron and Steel, Shipbuilding and Coal Mining' cover a series of industrial sites related to iron, steel, shipbuilding and coal mining. Trade growth was rapid as the world economy expanded with recovery in Western Europe and strong growth in the United States (US). Yet Japan’s trade surpluses have risen. The economy of South Korea is a highly developed mixed economy dominated by family-owned conglomerates called chaebols.It is the 4th largest GDP in Asia and the 10th largest in the world. The Japanese Economic Miracle refers to a period from post-WWII to the end of the Cold War where Japan’s economy still recorded positive growth. Japan, followed by the NIEs, first adopted export‑oriented manufacturing as a growth strategy in the 1960s. T.P. They were developed during the rapid Industrial transformation in the Bakumatsu and Meiji periods (1853 - 1912). Industrialisation (or industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial society.This involves an extensive re-organisation of an economy for the purpose of manufacturing. 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